SPA Fee For 2020

-For the first RM500,000:1%

 (Subject to a minimum of RM500)

-For the subsequent RM500,000: 0.8%

-For the subsequent RM2,00,000: 0.7%

-For the subsequent RM2,00,000: 0.6%

-For the subsequent RM2,50,000: 0.5%

Stamp Duty Fees

 For 2020

-For the first RM100,000: 1%

-For RM100,001-RM500,000: 2%

-For RM500,001-RM1,000,000: 3%

-For RM1,000,001 and above: 4%

1) Stamp Duty

Stamp duty is the tax placed on your property documents during the sale or transfer of the property – as specified under the First Schedule of Stamp Duty Act 1949.

Stamp duty on the Sale and Purchase Agreements (SPA)  and Memorandum of Transfer (MOT), both of which are calculated based on the purchase price. 

 Stamp duty on your Loan Agreement (LA) = flat rate of 0.5% of the total loan. 

A copy of SPA Stamp Duty – RM 10

 The sale or transfer of properties in Malaysia which are chargeable with stamp duty must be stamped within 30 days from the date of the execution (property transaction )

Stamp Duty Calculation

For instance, when purchasing a property which costs RM700,000, you will have to pay a total of:

{(First RM100,000 X 1%) + (Next RM400,000 X 2%) + (Remaining RM200,000 X 3%) } + 0.5% of loan amount (90% of RM700,000)
= {RM1,000 + RM8,000 + RM6,000} + 0.5% X (RM630,000)
= RM15,000 + RM3,150

2) Legal Fees

Legal fee for SPA = Based on property price

Legal fee for LA = Based on loan amount

The legal fee rates in Malaysia are as below:

If you are purchasing a property which costs RM700,000, you will have to pay a total of:

(First RM500,000 X 1%) + (Next RM200,000 X 0.8%) 
= RM5,000 + RM1,600 
= RM6,600 

Some developers may absorb the legal fee.

3) Memorandum of Transfer (MOT)

Memorandum of Transfer (MOT) is a process where you’re going to sign a document that indicates the property is yours. 

MOT Legal fee = 25% of SPA legal fee and LA legal fee

MOT Stamp Duty = based on SPA

4) Home Insurance

One of the home insurance is Mortgage Reducing Term Assurance (MRTA) and its costs are dependent on the age of the borrower (usually the older the borrower, the higher the MRTA) and the total mortgage on the property (usually estimated at 3% to 5% of the total mortgage). 

Buyers can also consider Mortgage Level Term Assurance (MLTA), which offers the repayment of your outstanding home loan as well as a guaranteed cash value back at the end of the scheme.


Before Vacant Possession

  1. Booking Fee

  2. Downpayment

  3. Legal Fees

  4. Stamp Duty

  5. MOT

  6. Property Valuation Fee

  7. Property Agent Professional Fee



After Vacant Possession

  1. Management fee and sinking fund

  2. Utility Deposit

  3. Renovation cost

  4. Quit Rent

  5. Assessment